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Search Results 58 to 157 of about 290 (some duplicates have been removed)
CBS
Dec 28, 2012 5:00pm EST
away. >>> a final meeting between president obama and congressional leaders to hammer out a last-minute deal towards the so called -- to avoid the so-called fiscal cliff has finished. john boehner was at the white house today trying to reach an agreement to avoid hundreds of billions of dollars of tax increases and spending cuts. no statement is expected anytime soon. we go live now to washington to war correspondent, ben. >> all of the participants at this meeting left without a word. i don't think we will hear from them the rest of the day. there is a great deal at stake and very little time left. it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means p
CBS
Dec 28, 2012 5:00am PST
. congressional leaders will talk with president obama trying to avert the "fiscal cliff." ed payne tells us they only have four days. >>> reporter: in what's seen as a last-minute attempt to reach a deal, president obama meets at the white house with senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell and house speaker john boehner. they have only four days to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want
CBS
Dec 28, 2012 7:00am PST
scrambles to avert the fiscal cliff. >> president obama asked congressional leaders to convene at the white house today. >> if the president and lawmakers cannot reach a deal economists warn that could trigger another recession. >> are they going to avoid the fiscal cliff, eric? >> the gulf war general known as stormin' norman has died. gen malnorman shwards cop of dread the coalition that drove saddam hussein's forces out of kuwait. >> the monster storm system finally moved out but some are bracing for another round of snow. >> more than 14,000 longshoremen are planning to strike on sunday the walk-out could affect ports from boston to houston. >>> for the second time this month a man has been pushed to his death in the path of a new york subway train. >> crazy people running the streets. >>> an uninvited guests slithered into a backyard in florida. >> somebody else got the shower on the sideline. >> jamal crawford who i think should be an all-star coming off the bench is dangerous. be still. >> and all that matters. >> hillary clinton plans to go back to
CBS
Dec 28, 2012 12:00pm EST
cuts is just four days away. president obama is scheduled to meet with congressional leaders at the white house this afternoon. senate majority leader harry reid says the likelihood of reaching a deal is a long shot. but senator charles schumer told the "today" show that the odds are better than people think. if a deal were to pass, senate house speaker john boehner would have to agree to take it to the floor of the republican controlled house. danielle nottingham has more. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and -- meeting today and that is we will kick the can down the road. >> reporter: senator bob corker told "cbs this m
FOX Business
Dec 29, 2012 5:00am EST
on gerriwillis.com, we asked you if the white house fiscal cliff meeting between obama and congressional leaders, if it was a political stunt or real negotiation. here is how you voted 96% said a political stunt.
KRON
Dec 27, 2012 5:00pm PST
leaders will meet with the president to discuss the standoff. obama and congressional democrats want a deal that would let tax rates rise for the wealthiest taxpayers. many republicans remain against any tax increases. the white house meeting would be the first time the president has huddled with all four leaders since november 16. the senate is back in session. majority leader harry reid is starting to sound pesimistic. >> "i have to be very honest. i don't know how it can happen now." >> reporter: the house is still on christmas break. but will meet sunday evening, a little more than 24 hours before the "fiscal cliff" arrives. but it's not clear what legislation it might consider >> "hopefully there is still time. prevent economic crisis." >> reporter: and over the edge is just where the economy may go. im justine waldman for kron 4 news. >> michael yaki is joining us. right into the deadline, five days to go. late this afternoon president obama is going to be meeting with congressional leaders. and in the over one month what can we expect any progress? >> i do not think so. but it
FOX Business
Dec 28, 2012 11:00am EST
at the white house, president obama and congressional leaders. shibani: will they hammer out a fiscal quick compromise? rich edson is live on capitol hill with up-to-the-minute developments. >> washington is waiting on that meeting. the top democrat, top republican in the house and senate with some expectation that congress and the president could move together on a smaller plan. the speculation in washington, expectation is perhaps congress and the president could agree to some type of tax framework, something that extends unemployment insurance, perhaps other items to throw in and kick the can to next year and congress can work on larger spending cuts and a larger tax overhaul and that is something the president alluded to on friday asking congress to extend unemployment benefits and get a deal on tax rates. the president wants tax rate increase on amounts of $250,000 a year. the latest republican proposal was $1 million a year. the president and republicans before their talks broke off were $400,000 for family filing for a tax increase of amounts of $400,000 a year so there is some histo
CNN
Dec 27, 2012 5:00pm PST
.com/impact. >>> breaking news when we come back. looks like president obama and congressional leaders will try again tomorrow to steer us back from the fiscal cliff. more on what, if any, deal could be shaping up. and keeping them honest, why avoiding economic disaster seems to be so hard to do for some of the folks in washington. hi, i just switched jobs, and i want to roll over my old 401(k) into a fidelity ira. man: okay, no problem. it's easy to get started; i can help you with the paperwork. um...this green line just appeared on my floor. yeah, that's fidelity helping yoreach your financial goals. could you hold on a second? it's your money. roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. but don't just listen to me. listen to these happy progressive cu
CNN
Dec 27, 2012 10:00pm PST
. looks like president obama and congressional leaders will try again tomorrow to steer us back from the fiscal cliff. more on what, if any, deal could be shaping up. >>> and keeping them honest, why avoiding economic disaster seems to be so hard to do for some of the folks in washington. [music: artist: willy moon song: "yeah yeah" label: universal] ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditi
CNN
Dec 29, 2012 5:00am PST
on capitol hill yesterday for all of the political action between president obama, congressional leaders. do you think we're closer to a deal? i'm hearing optimism from the president. is that real or is that imagined? >> reporter: right. what do you say? mod deftly or moderately optimistic he said? i think it's for real. people have wanting to get to this point for even a chance at a deal. that's where we are. not a deal yet but there's a chance for a deal. now two senators being the principal negotiators. mitch mcdonaconnell and harry r. harry reid said he is going to craft a bill with some of these items in it. take a look. one of those starting point items, extending tax cuts for people making anything under $250,000 a year. democrats have wanted that for a long time. that's where harry reid will be starting things today. he also is planning to include an extension of unemployment benefits. the unemployment benefits actually run out today. that fiscal cliff we've already reached. that is going to be in this starting point deal. now, things we're less clear on. for example, the budget cuts
FOX
Dec 28, 2012 4:00am PST
president obama will meet with congressional leaders today, and he has a new proposal to offer. yesterday, the president returned to the white house early from his christmas break in hawaii. the senate also returned to session. house speaker john boehner says the house will be called to order sunday and warns lawmakers they may work through friday. ford is expanding in the great lakes state. the automaker will invest $773 million in additions to four of its michigan factories. ford says it'll create 2300 new jobs and may lead to a goal adding 12,000 new jobs across michigan by 2015. the star of the hit tv series "grey's anatomy" is attempting to buy a coffee chain. patrick dempsey, better known as mcdreamy on "grey's," is said to be bidding on tully's coffee shop, which filed for chapter 11 banruptcy back in october due to a cash flow issue. it goes up for auction next week. tully's started up in 1992 in seattle and has multiple stores in washington and california along with nearly licensed locations across the country. the actor says he's stepping up to buy the chain to save jobs in the
FOX
Dec 28, 2012 4:30am PST
. >>> president obama will meet with congressional leaders from both parties at the white house in a last ditch effort to avoid that fiscal cliff. the president returned early from his hawaii vacation. house speaker john boehner has called members of the house back to washington. >>> members of the northeast are still dealing with the aftermath because of a powerful storm. the deaths of more than a disease people in several states are now being blamed on that storm. >>> today state senator jerry hill will introduce a bill he hopes will cut the number of drunk drivers on the roads. he wants to acquire drunk driving offenders to install drunk driving equipment in their car after their second offense. more than a quarter of all drunk driving convictions are for repeat offenders. >>> the california highway patrol is out checking for people celebrating the new years holiday a little too much. they operated a dui check point last night and early this morning. they seldom make a drunk driving arrest at check points. state officials say nearly one- third of all fatal accidents are drunk driving related
KRON
Dec 28, 2012 8:00pm PST
a meeting between president obama and top congressional leaders at the white house today. still no deal on avoiding the "fiscal cliff". the president does say he's optimistic. the main sticking point continues to be tax rates for the wealthy. just a day after oakland's top officials unveiled a new plan to fight crime. three people were killed overnight. two young men were gunned down about one this morning. about an hour and a half later. a woman was found stabbed to death. no arrests have been made.. chevron now has the okay to move forward with plans to repair the crude unit that burst into flames at its richmond refinery in august. the company will be able to use a type of pipe that has created a lot ofthe state's chemical safety board does not think it's the best choice for preventing corrosion. in bay area news. j. gamow we could see more rainfall longer coast. half moon bay, light rain and it will continue to press south slowly towards the coast. however, it is impacted to impact the coast. >> catherine: there are new charges tonight in a brutal home invasion crime in san francisc
KICU
Dec 27, 2012 11:30pm PST
. the 41st president has been in the hospital for more than a month with bronchitis. >>> president obama summoned congressional leaders to come to the white house tomorrow in a last ditch effort to try to avoid the so called fiscal cliff. the president arrived in washington today cutting short his hawaii vacation. he called congressional leaders last night and today house speaker john boehner said the house will convene on sunday leaving less than 48 hours to come up with a deal. >> it's the count down to midnight. the start of a new year. but this year president, the american people are waiting for the ball to drop but it's not going a good drop. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> off the senate floor, mitch mcconnell appears to be more flexible. the senator sent an e-mail suggesting he's negotiating an acceptable deal with the white house. >>> stocks rebounded today on news that the house would reconvene on the fiscal cliff after diving more than 150 points the dow boun
MSNBC
Dec 28, 2012 9:00am PST
to the wire as president obama and congressional leaders meet at the white house
NBC
Dec 28, 2012 5:00am EST
whether the country will go over the so-called fiscal cliff. president obama is meeting with congressional leaders at the white house. today's talks come as house lawmakers prepare to return to washington for a rare sunday evening session. nbc's danielle lee joins us live on the hill. good morning, danielle. >> erika, good morning. the pressure is on with just four days left to avoid the fiscal cliff. an unsuccessful meeting between the president and congressional leaders could seal this country's fate. this is in many ways a final opportunity to reach a deal. another development, house members no longer on stand by. they're now coming back to washington by sunday evening to be ready for a vote without a deal taxes will go up on every work rer. unemployment benefits, the extensions will expire and there's going to be spending cuts that could threaten a recession. with all of that at stake, senators back early yesterday from their holiday, they were still continuing the bickering. republicans say they are willing to compromise on taxes. but not on more government spending. they say they're
KRON
Dec 28, 2012 4:00am PST
. president obama and top congressional leaders will look for common ground to keep automatic tax increases and spending cuts from kicking in. if they have only four days to reach an agreement. the u.s. economy will grow over the so-called " fiscal cliff. " that's when automatic tax increases and spending cuts could take effect. retain a deal before then will not be easy. because right now, both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of a house representatives are watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. i told the president that i would be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline here and as i said this is a conversation we should have made months ago. democrats want to extend the bush era tax cuts to everyone except those americans making too much and $50,000 or more a year. many republicans remain against any tax increases. >> former president george h. w. bush is still in intensive car
ABC
Dec 28, 2012 6:30am EST
president obama has called the top four congressional leaders to the white house this afternoon for a closed-door meeting charley. and he wants to try to figure out a way to end this fiscal cliff stalemate but you hear the rhetoric being talked about on capitol hill, among leaders, republicans and democrats are still pointing the blame at each other for not getting this deal done. and for the lack of progress. so still no movement yet and there's only a few days to go to a get anything done. charley. >> you know let's go to what was said yesterday we talk about harry reid referring to john boehner as dictator. and we got mitch mcconel saying we are not going to write a blank check coming up with solutions. it seals like there's no common -- seems like there's no common ground and the word lost in all this is compromise. >> reporter: exactly. and you are correct. the feeling here in washington is that the country will in fact go over the cliff because both sides are so far apart in coming to a deal and if that happens, analysts say the first order of duty for the new congress would be to pass
FOX News
Dec 28, 2012 10:00am PST
-stakes meeting at the white house between president obama and congressional leaders on the fiscal crisis. the talks are a last-ditch effort to avoid spending cuts and tax hikes from 90% of american households. mike emanuel is live on capitol hill where all the action is taking place. is there a lot of action? there is a lot of buzz on capitol hill. mitch mcconnell, who will be attending a white house meeting told us a few moments ago that we are always the running out of time. chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't help the medicare fiscal cliff. greg: others are skeptical, noting that high-profile meetings are for show often times and all about
NBC
Dec 28, 2012 5:00pm EST
at the white house. president obama and top congressional leaders were trying to come up with ways to avoid the tax hikes and spending cuts set to kick in next week. keith russell with more on the budget talks that ended about 45 minutes away. >> jim, the meeting started at 3:10 and ended at 4:15. the four congressional leaders left without speaking to the media. with $600 billion in tax hikes set to take effect new year's day. senior advisers said the president was set to make a small offer with the full support of reid and pelosi. nbc news has learned that a previous offered made by the president, the one that involved a tax increase for only those earning more than $400 is off the table. advisers say that was part of a bigger proposal that speaker boehner did not accept. it looks like the current proposal goes back to raising taxes on those who make more than $250,000. the proposal known as plan b didn't work. it will remain to be seen if the smaller plan will. either way the countdown to the if you year could be very costly. >> i'm hopeful that a deal will avoid the worst parts of a fis
NBC
Dec 28, 2012 11:00pm EST
by sunday. this progress comes after president obama met with congressional leaders at the white house today for about an hour. >> i'm modestly optimistic that an agreement can be achieved. nobody's going to get 100% of what they want, but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> if there is no deal, taxes will go up next week for most americans. there will be sharp spending cuts and 2 million people will lose their extended unemployment benefits. >>> on "meet the press" this sunday, president obama will sit down for an exclusive interview with david gregory as the fiscal cliff deadline approaches. watch the interview this sunday morning at 10:30 here on nbc 4. >>> a huge turnout at the what's called the nation's gun show in shantilly, virginia, today. thousands of people attended. some vendors sold out. it is marred by controversy following the shooting at sandy hook elementary school in connecticut. darcy spencer has our report. >> reporter: it's the second oldest gu
CBS
Dec 28, 2012 6:00pm EST
captioning sponsored by macneil/lehrer productions >> brown: president obama and congressional leaders met face to face for the first time in weeks, in a last-ditch effort to avert the fiscal cliff. good evening, i'm jeffrey brown. >> warner: and i'm margaret warner. on the "newshour" tonight, we have the latest on the chances for a breakthrough-- just four days before automatic tax hikes and spending cuts hit. >> brown: then, we turn to india. ray suarez looks at the violent protests and public anger sparked by the gang rape of a young woman. >> warner: john merrow has the story of a group of california charter schools that aim to be the model-ts of education. >> america has lots of terrific schools. people open great schools every year, but they typically open just one. nobody has figured out how to mass produce high quality, cost effective schools. >> brown: we remember general norman schwarzkopf-- the man who commanded american-led forces in the persian gulf war known as "desert storm." >> warner: plus, mark shields and david brooks analyze the week's news. >> brown: that's
NBC
Dec 28, 2012 6:00am EST
adoption ban, tune in to the "today" show at 7:00 here on nbc4. >>> congressional leaders will try again today to reach a deal to keep the country from plunging off the fiscal cliff. president obama hosting that meeting this afternoon at the white house. it will be the first time that he's met with congressional leaders since november 16th. they have just four days now to come to an agreement. democrats and republicans say that means a possible deal will likely extend tax cuts to middle class americans and postpone spending cuts scheduled to take effect. that means the contentious issue will likely be debated sometime in the future. >>> house lawmakers are preparing for an 11th hour deal. they're returning to washington for a rare sunday evening session. it's not clear what the house will do. house speaker john boehner still insists it's up to the senate to make the next move. >>> iran's state television is reporting the country's navy started training drills in the strait of hormuz. iran is reportedly warned other ships to stay away from the site until after the new year. the state tv r
WHUT
Dec 28, 2012 7:00am EST
pakistan and will be her mother in manchester this evening. >> now, president obama's been calling together key congressional leaders to come up with a deal to avoid a budget crisis at the good old fiscal cliff and tell us how they're going to get out of this, or not. >> i wouldn't be sitting here if i knew. i think there are a great deal of overlapping of what is required. the prb is it's not enough overlap. this fiscal cliff was last in august of 2011. it has to do with the debt ceiling. it so happens the debt ceiling will be reached on december 31, or will it? because it appears the treasury said we found a bit of extra money so maybe we can keep things going a bit longer. and it won't cause the crisis immediately, and if these tax rises and spending cuts came into effect, they could be repeeled during january. but if they weren't, the momentum that has been very painstaking pumped into the economy could be devastating. >> this morning you see stock markets in asia and europe up a bit. i think their expectation that washington will come to an agreement, i think that might be too early. i
FOX News
Dec 27, 2012 1:00am PST
hearing from the obama white house, the congressional budgetffice and any number of conservative economistst that this is serious. that we have got to get this thing done that we have got to get it in order. or at some point america's full faith and credit is going to go away. we are not going to look so good to the rest of the world as far as credit risk. so let's talk to you about this. is this a manufactured media crisis or does something substantial need to be done here? >> well, i certainly think that the fiscal cliff, that language is a manufactured media narrative. that americans believe on january 1 we are going to be standing in line for bread. that's not going to happen this is all because congress kicked the can down the road. after the debt ceiling, which was a real crisis. and so by not completing resolving that issue in a substantive manner. we now are here at this fiscal slope as i like to call it, not cliff. >> laura: presumably, no matter what you say about what happened a year and a half ago, the president was part of that equation, right? he is the president of
CBS
Dec 28, 2012 4:30am PST
. >>> this afternoon, president obama will meet with congressional leaders in the latest effort to find a way to avoid the "fiscal cliff." but as cbs reporter tara mergener test us, it's not clear if there is enough time to get a bill through congress before january 1. >>> reporter: the "fiscal cliff" is still a few days away. but business owners don carlino says he is already feeling the impact. >> a lot of our customers are holding back. they are apprehensive. they are not committing to projects. they're not -- you know, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in january 1. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >
MSNBC
Dec 29, 2012 12:00pm PST
look at the big picture. what's happening on capitol hill right now and how congressional leaders are working with the white house. plus, what it all means for your paycheck as higher payroll taxes are only days away unless congress acts. one step forward, two steps back. president obama and republican lawmakers have been dancing that waltz for six weeks now, but the music stops when the countdown clock at the bottom of your screen runs out. so where do fiscal cliff talks stand at this critical hour? nbc's kristen welker is on the north lawn and luke russert are both following developments this saturday afternoon. kristen, i'll start with you. any indication at this particular point as to what's happening behind closed doors this afternoon? >> reporter: well, i think most of the action is going on in the hill where staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction
MSNBC
Dec 28, 2012 1:00pm PST
. >>> the highly anticipated white house meeting between president obama and congressional leaders ended just a short time ago and it lasted just about an hour or so. now, we've yet to hear anything from any of the participants, and nbc's mike viqueira is live on capitol hill. mike -- >> karen, yeah, forgive me i'm looking at my black bery -- >> i've got mine. we're standing by waiting for some news of something, right? >> exactly. i have got a couple e-mails out looking for readouts of w457d ov what happened over there. >> having been on both sides of this as a staffer, sometimes the fact that nobody came out and said anything -- >> you took the words right out of my mouth, and i was going to say you have experience in these things. the fact they haven't all rushed to the microphones and delivered withering scorn on each other. they've only been out for about 15 minutes, maybe we need to give a little more time. maybe that's a positive thing. what we do know, karen, heading into this is that the president was sticking by his original proposal more or less. he had gone back down from the $400
PBS
Dec 27, 2012 12:00am PST
retail analyst. president obama and congressional leaders cut their vacations short, to deal with fiscal cliff negotiations. they have five days to make a deal. and housing continues to be the bright spot in the u.s. economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season continues.
FOX
Dec 28, 2012 11:00pm EST
... ppesident obama... to .. enter... negotiations. the president gathers congressional leaders for one laat maae-oo-break negotiation. negotiation. ed henry -- where... we stand ...// just... a... few days... before the... fiscal 33 3&henry, fox news. 3 3 bad day for chicago....the citys homicide rate is up 17 percent. the city rrached the grim milesttne of 5000murddrs when a 40-year-old man was &pshot n the head while standdng outside convenience store. police say p8. ers in chicago since 20- a different story in newwyork city. the numbbr of murders ii the big aaple are at according to the n-y-p-- the citt had 414 homicides compared to 471 ii 20-09.. police also &psay they seized 8-thousand weapons this year. today was also good day ffr "gooo riddance". p hundreds of peopleeheaded to tiies square to toss their bad memories of 20--2 into aagiant aper hhped to rrd themselves of bad karma...while others wanttd to rid ttemselves of bad habits. 3&"i'm ggving up the wwole 2012 aal of it. the whole year." //butt to//"yeahh i'm giving up my sweet
CBS
Dec 28, 2012 5:00pm EST
house. president obama called congressional leaders to the white house. the hope was he could hash out the framework for a possible deal. danielle nottingham joins us with the latest. okay, did they get it done, danielle? >> reporter: derek, we're just not sure what happened. all four leaders left the white house without speaking to the media. we can only assume that means this wasn't a productive meeting. top congress impressional leaders left the white house after a last-ditch fiscal k cliff meeting with president obama. the closed door meeting was an attempt to avoid the automatic tax headaches and spending cuts set to king at the start of the new year. with just three days to go republicans and democrats are still blaming each other. >> i want to thank all of you for being here to call upon the republicans not to drop the ball on the middle class. >> reporter: there was a new year's eve style rally saying the fiscal cliff ball is in the republicans court. >> it's republicans who are holding hostage the middle class in america so that the wealthy don't have to pay their fair share.
PBS
Dec 26, 2012 6:00pm PST
obama and congressional leaders cut their vacations short, to deal with fiscal cliff negotiations. they have five days to make a deal. and housing continues to be the bright spot in the u.s. economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season
CBS
Dec 22, 2012 5:00am PST
. >> reporter: shortly before he left for hawaii president obama urged congressional leaders to address a smaller plan to avert the fiscal cliff because his talk with speaker boehner on a smaller deal have stalled. >> i met them halfway on taxes, and i met them more than halfway on spending. >> reporter: that was not speaker boehner's take earlier in the day. >> what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy. >> reporter: but boehner's position was weakened after he tried but failed to pass his own plan in the house. >> as you know the house did not take up the tax bill last night because we didn't have the votes to pass it. it's not the outcome that i wanted, but that was the will of the house. >> now president obama says boehner and other congressional leaders should put together a peared down package that keeps middle class tax cuts extends unemployment benefits and lays the groundwork for more debt reduction next year. >> nobody gets 100%
ABC
Dec 28, 2012 7:00am EST
. president obama has called the top congressional leaders to the white house this afternoon, for the first talks in more on a month. but hope for a new deal is fading. the senate majority leader is accusing the speaker of running a dictatorship if there's no deal within four days. just about every american will see their taxes go on up. >>> and this morning, more snow is threatening to make holiday travel difficult for millions of americans. as sam has been telling us, snow is falling across the upper midwest and will be moving into the northeast tomorrow. meantime, the recovery from the last storm is just beginning. 135,000 homes and businesses still without power in arkansas alone. many of them could be in the dark through next week. >>> and this morning, russian president vladimir putin has signed a highly controversial bill which bans americans from adopting russian children. dozens of pending adoptions now frozen, even cases where children -- this is heartbreaking -- were just days away from moving to the united states. russia banned the adoptions in retaliation for a new u.s. law tha
CNN
Dec 28, 2012 2:00am PST
another massacre like the one that happened in newtown. >>> president obama summoning congressional leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team and some private american citizens are out of the capital. the country's president has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a sp
FOX Business
Dec 28, 2012 9:20am EST
from chicago, tres knippa. president obama meeting with congressional leaders, big deal at 3:00 p.m. today. here we go again. it sounds like trading. you are not going to get many sound bites out before the 3:00 meeting ends and the trading day ends soon after that. do you feel the outrage? >> absolutely. what i am outraged most about is it is a shame we do not have a functioning bond market. our bond market should be in disarray in the politicians in washington right now. our credit should be being downgrade. we are going the wrong direction. there is not one single compromise on the table being discussed in washington that is positive for the economy, no one knows where a new job comes from. it is from a business owner has profit and wants to expand. tell me what compromise is being discussed? it is putting more money into a business owner's pocket so expand and hire is somebody. it is not happening. stuart: why isn't the bond market tearing the administration to shreds and wire when not being downgraded? keep printing money no matter l what? >> absolutely. in my career there ha
NBC
Dec 26, 2012 11:00pm EST
spending part of his christmas holiday visiting troops in hawaii, president obama to resume but the talks. congressional aides said the holiday did not bring much progress and form on the initiations have yet to be scheduled. the senate is to attend the session thursday. when the house will reconvene is still uncertain. >> we were talking about the debt ceiling and it came down the 12 hour, the final few minutes before the deadline to get a full-fledged a grim past. >> some economists fear the combination of budget cuts and higher taxes could trigger another recession, as consumers cut back on spending. others said the deadline is not as firm. congress could pass a temporary measure early in the new year doubled will back any changes. political analysts warn some consequences may be immediate. there may be a tremendous response from financial markets and the stock market. that would alarm everybody. stock prices are hearty dropping friday after a plan -- are already dropping after a plan. a poll shows nearly half of americans are doubtful the sides can settle their differences. >> taxes w
CNN
Dec 26, 2012 10:00pm PST
with that. >> alice, you say you believe president obama and democratic congressional leaders prefer to go over the cliff so they can raise taxes, cut defense spending and blame the gop but republicans have the option of locking in tax cuts for most americans right now. >> to further that note, sure, i think the president wants to do this because as you said he can increase taxes, continue cuts on the military and point the finger at the republicans. the truth of the matter is we need to have serious spending cuts. this is not an issue that will be resolved with taxing either way. we need to address serious spending issue swres in the country. the truth is boehner and house republicans pointed out the house issued legislation that would extend the current tax -- the bush-era tax cuts and erase military cuts. it is in the senate's hands and they need to act on that. something that came up this afternoon that is critical and a reminder in the entire scenario. secretary geithner issued a letter today warning the country we are going to hit the debt ceiling on new year's eve. this is a stark r
FOX News
Dec 29, 2012 1:00am PST
obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction
MSNBC
Dec 27, 2012 10:00am PST
at any moment now. president obama is back at the white house. his call to congressional leaders seem to have fallen on deaf ears. reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can anyone beat sko brown? >>> good day. we're live in washington this afternoon. the lines of communication
CNBC
Dec 28, 2012 6:00pm EST
. >> just joining us, so much has happened in the past couple of hours. president obama met with congressional leaders at 3:00. no offer on the part of the president. the leaders came out with very different messages. senator mcconnell said we had a good meeting down at the white house. hopeful and optimistic. senator reid says the meeting was constructive. the president just came out from a statement about 20 minutes ago from the briefing room of the white house saying the time for immediate action is here and is now. he's urging senators reid and mcconnell to come up with some sort of a plan. if that does not work and they don't many up with a plan, his next option is to urge senator reid to put to the senate a simple up-or-down vote on a slimmed down plan that will prevent taxes from rising on middle class americans and based on unemployment insurance benefits. there you have it. that's the very latest at this point, again, senatored reid and mcconnell hard at work hopefully on some sort of a deal. and the next time we'll hear from the president will be on the "meet the p
ABC
Dec 28, 2012 4:00am PST
is running out with no deal in sight. president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. there's just four days left before the fiscal cliff deadline. >> i have to be very honest, mr. president. i don't know, time-wise, how it can happen now. >> reporter: senate majority leader, harry reid, lashed out at house speaker, john boehner, accusing him of running a dictatorship. >> john boehner seems to care more about his leadership than keeping the country on a secure footing. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff
ABC
Dec 28, 2012 6:00am EST
their christmas break again blamed each other for the stalemate. now this report. >> president obama will meet with congressional leaders later today at the white house. but it may be too late for a deal. justice for our days left before the fiscal cliff deadline. >> i have to be honest, mr. president,. i don't know, why is, how it can happen. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound financial footing. republicans are. blaming are >> republicans are not about to write a blank check for anything senate democrats before just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama will home early from his hawaii in vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this co
FOX
Dec 28, 2012 10:00pm EST
-- away from reaching the fiscal cliff. this afternoon president obama held talks with congressional leaders at the white house. the president says he is hopeful a deal can be reached in order to avoid automatic tax increases and spending cuts come january 1st. senator harry reid and mitch mcconnell are trying to hammer out a deal the house might approve, but the house is ticking. joining us now are our political strategists. brendan, the president today said is he going to have senator mcconnell, senator reid start off on this package, but doesn't that eliminate a big player in this, which is john boehner, if this has to get passed through the house? >> certainly and he's been talking with the speaker all along. i think he's basically saying the house is really at an impasse. i don't think they can pass it on their own, but if there's a bipartisan deal that senate republicans and senate democrats can pass, the speaker's office indicated they may bring it up in the house even if they only get 1/3 or 1/2 of the republicans, if there are enough democrats, it can pass in the house. that
FOX News
Dec 29, 2012 10:00am PST
meeting with congressional leaders at the white house. president obama told reporters that he was modestly optimistic that a deal could be reached. he's counting on the sen if we l cliff because john boehner, the speaker of the house of representatives wasn't able to get the republicans to get the republicans to support a plan b. >> here is the rub, may i go? here is the rub. >> please. >> boehner knows how to negotiate and took on bowles plan, simpson bowles, he took on part of their plan, his first proposal. his second proposal was nancy pelosi's proposal she offered in may of this year of doing tax cuts on people of one million dollars and above, that are one million and above. >> and now plan c now. >> now, now proposal-- >> for the republicans to get-- >> no, he was not and that's his failure dealing with his party, but as for negotiating, boehner has put forth many things. it's president obama that needs to take a page out of the play book of clinton to be able to move more to the middle. >> kelly: okay. and core of both of your arguments, here is what we're seeing on capitol hill as
KBCW
Dec 28, 2012 10:00pm PST
are saying. >> reporter: top congressional leaders met with president obama. the president called the meeting constructive but reminded lawmakers there is not much time left. >> we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. >> harry reed turned to is the gnat floor. >> we are engaged in discussions, the leader myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> we are going to do the best we can for the caucuses we have and the country that is waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits an some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism nay will get the job done, but the president has a back up plan just in case. >> if an agreement isn't reached in time, between senator reed and senator mcconnell, i will urge reed to bring to the floor an up or down vote. >> reporter: that would preserve tax cuts for the middle class and exte
ABC
Dec 28, 2012 4:30am PST
with bronchitis was transfered to the icu last weekend because of high fever. >> president obama is scheduled to meet with top congressional leaders in the oval office with the fiscal cliff deadline rapidly approaching. congress is cutting it close to avoid the fiscal cliff yesterday senate majority leader harry reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the early season rain and snow we've been getting has water experts optimistic about california's water supply. the storms have replenished many reservoirs snow has increased snow back to nearly 150% of normal. >> partial supply in the barn either in reservoir storm or snow pack. however, it still depends on the remainder of the season 2/3 of the wet season is still let. >> snow pack runoff normally provides cal with a third of its water supply. >>> more -- more water on the way. >> this storm is so close to the coast it probably won't get snow in the
CBS
Dec 28, 2012 11:00pm PST
the looming deadline. >> reporter: congressional leaders met with president obama at the white house, trying to avoid the automatic tax hikes and spending cuts set to kick in january 1. the president reminded lawmakers there's not much time left. >> we're now at the point where, in just four days, every american's tax rates are scheduled to go up by law. >> reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in hopes that we can come forward as early as sunday and have a recommendation. >> we're gonna do the best we can for the caucuses we have and the country that's waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases. but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done. but the president has a backup plan just in case. >> if an agreement isn't reached in time, between senat
CBS
Dec 29, 2012 7:00am PST
: top congressional leaders met with president obama at the white house, trying to avoid the automatic tax hikes and spending cuts set to kick in january 1st. the president called the meeting constructive, but reminded lawmakers there's not much time left. >> we're now at the point where in just four days every americans' tax rates are scheduled to go up by law. >>reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> we're going to do the best we can for the congresses we have and for the country that's waiting for us to make a decision. >>reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done, but the president has a backup plan just in case. >> if an agreement isn't reac
ABC
Dec 28, 2012 5:00pm EST
. the president with congressional leaders at the white house. as soon as mr. obama arrives to the podium, will bring it to live. >> there is heartbreak tonight for hundreds of american families were trying to adopt children from russia. their dreams were dashed. >> latimer cutin signed a bill into law banning adoptions by american families. -- vladmir putin signed a bill into law banning adoptions by american families. >> this blanket were to go with us for a trip to russia. >> the room was ready. the four year-old special needs child is currently in a russian orphanage. >> she is beautiful. she is so bright and full of life. we want to be able to share that with her. >> their adoption might be in jeopardy. russian president vladimir pugin just signed a law banning americans from adopting -- putin just signed a law banning americans from adopting russian children. it goes into effect january 1. the state department issued this caution, saying, we're for the concerned about statements that adoption already underway may be stopped. the national council for adoption estimates as many as 150
CNN
Dec 28, 2012 6:00am PST
-stakes meeting at the white house. at the table, president obama and congressional leaders. the goal is to reach an agreement. but the roots of this current crisis can be traced back to the previous administration. cnn's chief business correspondent has a look at how we got here. >> now we have passed a bold package of tax relief for america's families and businesses. >> reporter: it starts more than a decade ago when president bush initiated a series of tax cuts for all americans. but it's a deal with the devil. the cuts which are politically expedient expire in ten years time. >> both houses of congress have passed a package of tax relief that will protect the middle class. >> reporter: when it came time for the cuts to expire, the u.s. is emerging from the worst e recession from the great depression. so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they are extending by 2020, the bush era tax cuts will be responsible for more than half the total national debt. democrats
ABC
Dec 28, 2012 5:00am PST
because of a persistent high fever. >>> president obama is scheduled to meet with top congressional leaders in the oval office.pu÷]h congress is doubt -- is cutting it dangerously close. yesterday harry reid blasted house speaker boehner for letting lawmakers go on vacation house members are not dueyed4 back until sunday. boehner put the ball in the senate's core. p in a conference call with republicans boehner said the house will take action on whatever the senate can pass. >>> apple's customer satisfaction ratings are dropping. >> retail industry is keeping"g÷ a close eye on port along the east coast.&ú8uq here's ellen with the bloomberg business report. >>> christmas tree and lights may still be up, retailers are gearing up for spring it is their most lucrative time of the year as customers stock+g5 possible strike looming at more than a dozen ports 15,000 workers potentially ready to walk off the job, cuts off apparel makers a lot at stake so many chains get their shipments from overseas. apple may be a favorite among consumers but not customer satisfaction with the website.
CNN
Dec 28, 2012 9:00am PST
spending cuts. it's going to affect all of us. president obama meeting with congressional leaders. that's going to happen this afternoon. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> we are just four days away from the tax increases and the automatic spending cuts that are going to affect everybody's finances. the president has now called for congressional leaders to come to the white house in search of a last-minute deal to avoid the so-called fiscal cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessi
FOX News
Dec 28, 2012 8:00am PST
faulkner. with just days to go until the fiscal cliff deadline president obama and top congressional leaders are set for a crucial meeting. expectations are low for a deal when house and senate leaders head to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for
CBS
Dec 27, 2012 5:00pm PST
tumbling over the "fiscal cliff." president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250
CBS
Dec 27, 2012 6:00pm PST
in the future. thank you. >>> president obama set to meet with congressional leaders tomorrow to address the "fiscal cliff" crisis. it's coming down to the wire only five days until we tumble over that cliff. as cbs reporter danielle nottingham says progress is slow. president obama cut short his holiday vacation and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,000 a year. >> that's the only option that is viable escape route. >> reporter: but republican leaders say it's up to democrats who control the senate and w
CW
Dec 28, 2012 12:00pm CST
cliff. >>good afternoon. i'm steve >> we welcome our viewers. our top story president obama has invited the four congressional leaders to the white house this afternoon to try to salvage negotiations before need the new year's day deadline. if an agreement is not reached by then tax hikes and spending will kick in. economists say it could send the country back into recession. republicans and democrats are blaming each other for the stalemate. the democrats want to extend the bush era tax cuts for those thinking less than $250,000. >> to taxes will go up for every taxpaying american. republicans are not about to write a blank check to us because we find ourselves at the edge of the cliff. >> consistently show that a majority of americans support the president's position on tax es. >> did the shooting as the chicago at 500 homicides for the year. >> so far no comment yet. chicago police have been working hard to prevent it. the 500 happened last night. the shooting death on the west side. 40 year-old nathaniel jackson was pronounced dead just after midnight. three hours after he was
CNN
Dec 28, 2012 1:00pm PST
. now to candy. >>> happening now, new details of the meeting between president obama and congressional leaders for what could be a last-ditch effort to avoid the fiscal cliff. >>> families in the making ripped apart. russia officially bans the adoption of russian children by americans. >>> and for the second time in a month, a man pushed to his death from a new york city subway platform in the path of an oncoming train. wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> all eyes on that white house this hour. and the meeting that may be the last best chance to keep the country from going over the fiscal cliff. right now, the leaders of the house and senate are sitting down with president obama in a search for an 11th hour deal to prevent severe tax hikes and spending cuts from automatically kicking in with the new year. cnn's chief white house correspondent jessica yellin is getting new details. jess can ka, what are you hearing about that meeting? >> reporter: candy, the president is going to explain or reiterate the position he took on friday, that he would l
FOX Business
Dec 27, 2012 9:20am EST
is reporting president obama called congressional leaders today to discuss the fiscal cliff and what we have got is a political attack from senator harry reid, a defensive move from the republicans, they're going at it and the dow is down 91 points. >> mel brooks at the governor says we have to save our phony baloney jobs. they are not. stuart: we have new numbers just out showing the number of workers on disability, social security disability, has hit a record high, 827,725 as of dec.. joining us is the author of hollywood hypocrites'. we have got social security, record number of people on disability, record deficit for social security, $47 billion a year, almost $1 billion a week flowing out more than coming in and young people, you voted for no change to entitlement, keep on paying for old people. what is going on? >> that is right. jasey told us to vote for barack obama. the irony is many young people look at social security and may know it is not going to be around for them in the future. they are not planning their lives and certainly not their retirement banking on social security so
KRON
Dec 28, 2012 11:00pm PST
the fiscal cliff.. with the deadline just 4- days away. the president and congressional leaders met at the white house for more talks. stacey cohan has the latest. >> reporter: president obama says that he and the nation are out of patience. he is urging congressional leaders to make an agreement. >> if an agreement is not made soon between which mcconnell and house speaker, john boehner i will perch read to bring in agreement that will protect the middle-class. >> reporter: with a high- stakes meeting they seem poised to work towards a solution. >> we are going to work hard to see if we can get there in the next 24 hours. i am hopeful. >> i am going to do everything i can in my power. what ever we come up with is not going to be perfect. some people are not going to like it. >> reporter: senate majority leader reed says that there were hoping not to have to meet on saturday and house speaker, john boehner will not bring anything until it is passed by the senate. however, if nothing is done unemployment benefits will expire payroll deduction will not be continued. >> if there are di
SFGTV2
Dec 25, 2012 4:00am PST
granted to us by president obama and with the great work of our congressional delegates and speaker pelosi and senator feinstein we would make sure to use it in the right way and creating the jobs and the investment that people wanted to see. u.s. transportation secretary ray lahood. please share this announcement. >> hello san francisco. i am delighted to be here to celebrate with all of you three very important champions for this project. senator feinstein who doesn't often call me, but when she does i pay attention, and four years ago when i went to see her about a number of issues this project was number one on her list. we need to get it done. we need to get a full funding grant agreement. she has been a champion for this project from the beginning going back -- i am sure she will tell you, i don't know how far. speaker pelosi, a champion for this project. [applause] speaker pelosi doesn't call me very often, but when she does it's always important. four years ago when i took this job i went to see the speaker. this was number one on her list. how do we get this project done?
FOX
Dec 28, 2012 4:25am EST
in the fiscal cliff talks. president obama is holding a summit at the white house today with congressional leaders and members of the house have to be back to work by 6:30 sunday night leaving them with just over 4 hours to come to a conclusion. steep cuts and tax hikes impacting from everything from your paycheck to the defense budget could take effect. >>> norman schwarzkopf has died. the retired general died from complications of pneumonia. he was best nope for leading international forces in iraq in 19916789 he was 78. >>> former president george h. w. bush remains in intensive care at a texas hospital this morning. his chief of staff says bush is getting excellent medical care but expects nobody the hospital for a while. he is battling bronchitis and other complications from it. the 88-year-old was admitted to the hospital more than a month ago. >>> three people were killed when a tractor-trailer that was stopped in traffic was rear ended by a pickup. all of the victims were in the pickup. this happened about 7:00 last night and traffic was still moving slowly in the area late last ni
CNN
Dec 29, 2012 10:00am PST
. that's option one. the green one. option two is less certain. president obama reportedly challenged congressional leaders from both parties on friday to come up with a deal better than the one he proposed. the center piece of which is that the top marginal tax rate will increase for those earning $250,000 or more from 35% to 39.6%. that's only on the amount earned above that threshold. obama has told congress either they come up with something better or put his proposal to a vote. he's betting even those who hate the idea of a tax increase on the rich will hate causing america to go over the fiscal cliff even more. okay. option three. that's the red box. that's one where america goes over the fiscal cliff. jessica yellin is cnn's chief white house correspondent. peer into the crystal ball for us, jessica. which of these scenarios is most likely? >> well, ali, i think that after yesterday it's slightly more likely that there will be some sort of agreement. that doesn't mean that there are a whole bunch of optimists running around d.c. saying it's going to get resolved. but what you d
FOX
Dec 28, 2012 6:00am EST
billions of dollars. 3 held in washington today.... between preeident obama and top congressional eaders. leaderr.they've got just 4 agreemenn... before the u-s economyygoes over the so-called "fiscal cliff." thht's when automatic tax increases and spending cuts wouud take effect. democrats want to exxend the bush--ra tax cuts to everyone except those americans making 250- thousand dollars or morr a year. but many republicans remain against ann taa &piicreases. if lawmakers don't reach a deal by january 1st... mmny economists are concerned another recession. wwth all eees on the fiscal cllff... there's annthhr deadline quickly approaching that might have consumerr concerned... the "milkkcliff." it's part of a talled farm biil... that includes nearly 35-billion- dollars in cutt. iffthe congress befooe the end of the year... the governmeet will be of milk under a truuan-era law.- that could send consumer milk prices as high because the government would be obligated to pay átwiceáá the whhlesale rate... under the 1949 ruless throw way the locks.... noo the doors will maryl
ABC
Dec 28, 2012 5:30am EST
in the laps of republicans 16% say president obama's fault and 6% say it's the responsibility of congressional democrats. the largest number this is important 31% of respondents say the whole thing is both parties fault and the president's. also megan this morning we have posted a number of stories at our website abc2news.com. go to there for more on debate and see the numbers as to how it could affect you. >> news time 5:36. >>> while lawmakers continue to talk about the fiscal cliff one man has decided to take action and that's because he is fed up with the country's debt. now, while it's not going to solve all the economic problemswe have, he says it's about making a point. we see what this man is doing. >> reporter: in his unheated garage, 85-year-old man is working to fix the fiscal cliff one can at a time. how much money have you sent the government? >> a little bit over 3,000 dollars. >> reporter: 3,197.88 to be exact. all tracked on a handwritten ledger. the last three years, garcia has been paying the government 50 dollars a month of the postal service pension and money from cans he c
CNBC
Dec 28, 2012 6:00am EST
. seinfeld. >> seinfeld. >> all right. president obama meets with top congressional leaders this afternoon with time running out to avoid the cliff. the house will be back in session on sunday to try to deal with the issue. we haven't had enough time, you know, two years. when is the last time we had a budget? >> harry reid was just -- wasn't he great yesterday talking about mitch mcconnell and the republicans? no budget. >> and more than 14,000 longshoremen could go on strike this weekend because of a contract dispute. a walkout would close cargo ports. some estimates say a strike could cost the economy $1 billion a day. which would add up. it would kind of counteract the 85 billion. but bernanke is doing 2 billion a day, right? >> more. >> 2.5, yeah. so that would take away -- we could easily rachet it up. unless the printing presses overheat at that point. let's check on the markets this morning. the futures were indicated lower based on angst. there it is worse. it was down 40 earlier, not out 62. they were down 150 at one point. came back down to 18. we're somewhere. >> between there.
CBS
Dec 28, 2012 1:35am EST
to kick in. president obama came back to d.c. today. he is calling congressional leaders to the white house tomorrow. the senate was insession today but offered no new solutions. the house is still out on vaca, but they've been called back. today was pretty much blame game thursday. gary nurenberg is here with that. >> derek, the harshest words came from senate majority leader harry reid when he accused house speaker john boehner of both running a dictatorship, and then of being unable to control his caucus. bottom line with four days left -- >> i don't know, timewise, how it can happen now. >> the senate democratic leader blames republican house speaker john boehner ?ea.'s waiting until january 3rd to get re- elected as speaker before he gets serious. >> of boehner's house, reid said -- >> it's being operated with a dictatorship of the speaker. >> the house remains on vacation. >> we're not working. every democrat, every republican ought to be here. >> president obama returned to d.c. thursday after his hawaiian vacation, met with aids, and called congressional leaders to the white h
NBC
Dec 28, 2012 5:00pm EST
the four congressional leaders at the white house. called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the talk about taxes, but what it should be about is what we want to talk about today -- the medicare fiscal cliff. >> no date to cut a day to reform entitlements by tuesday. >> if we do something right now to have long-lasting, adverse effects on economic growth, that will affect us for a long time. >> until the cliff, americans say fix the tax problem. >> it's so frustrating to see both sides so far apart. >> we should not be taxed more because they cannot work together. >> get the middle class down and figure of the rest of it come january, worst case. >> worst case?
CNN
Dec 27, 2012 4:00pm PST
obama will meet with congressional leaders tomorrow. keeping 'em honest, with both sides caught in a trap of their own making? we'll go live to the white house and capitol hill for the latest. and take a look at this, a tornado from the storm system that created holiday havoc across the country and it's not over yet. those stories plus the top ridiculist of 2012. it's all at the top of the hour, john. zp >> thank you, randi. we'll be watching. appreciate it. >>> our fifth story, outfront tonight, the viral political videos of 2012. now, there was no shortage of partisan noise today, from political ads to the countless stump speeches. but we here at "outfront" have picked the top 5 videos that really got folks talking around the water cooler. here to them down, will cain, roland martin, pete dominick, all-star contributors. we're going to have some fun with this. viral videos really did define this campaign. often it's a shrilip on the stu that gets picked up. let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that all
CNN
Dec 29, 2012 7:00am PST
yesterday for the political action between president obama, between congressional leaders. they sound more optimistic, at least president obama does. do you think we're any closer to a deal at this point? >> i think there's no doubt that we are closer to a deal, but how much closer we'll know probably in the next 24 hours. it's interesting because in the last 20 hours, the silence that had pervaded capitol hill was completely changed after the president and the four congressional leaders he met with all announced that they're shifting negotiation tactics now to a group of two. two senators, mitch mcconnell and harry reid, the two party leaders in the senate, are going to be trying to find a way to get a deal today. we know their staff is talking. we don't expect actually any necessary meetings between those two leaders right away today. we think that their chiefs of staff are going to be on the phone, via e-mail. this reported from our producer, ted barrett. perhaps tonight they'll see if the leaders can sit down and get together something to present to their various caucuses. now as i sai
KBCW
Dec 27, 2012 10:00pm PST
. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face to face meeting since november 16th and a last minute chance to avoid the so-called fiscal cliff. if no deal is reached taxes will go up for nearly every american and harsh spending cuts will kick in on january 1st. senators reconvened on thursday with tension spilling over on to the floor. >> speaker boehner is unwilling to negotiate. there's nothing happening. >> the phone never rang and so now here we are five days from the new year and we might finally start talking. >> reporter: senate majority lyddite harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's number one goal is to get elected speaker on january 3rd. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democraticly controlled stat and white house to reach an agreement. >> republicans aren't about to write a blank check or anything senate
CBS
Dec 27, 2012 11:00pm PST
. the president has scheduled a meeting tomorrow with congressional leaders. cbs 5 reporter danielle nottingham on efforts to break the jam in washington. >> reporter: top congressional leaders are expected to meet with president obama at the white house friday. this would be the group's first face-to-face meeting since november 16, and a last-minute chance to avoid the so-called fiscal cliff. if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >> reporter: the two sides are at odds over tax cuts and spending. re
CBS
Dec 28, 2012 12:00pm PST
cliff. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last minute agreement to avoid automatic spending cuts and tax increases due to kick in january 1st. >> probably the worst case scenario will come out of this meeting today and that is we will kick the can down the road. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last minute. >> they're playing games with people's lives. i
LINKTV
Dec 28, 2012 5:30am PST
, president obama is about to give a final push. negotiating with congressional leaders from both political parties. from the democrat-controlled senate, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president ob
FOX News
Dec 27, 2012 4:00pm PST
president obama called the top four congressional leaders last night on his way back from hawaii. tomorrow afternoon at the white house will be a meeting between the president and those top four congressional leaders and earlier the top senate democrat expressed concern or frustration saying you cannot legislate with yourself. >> the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last three and a half years. we have tried mightily to get something done. >> now, perhaps in an effort to address that we know late today senator reid who you heard from there went to meet with his counter part senator mcconnell the top republican in the senate, perhaps talking about what it will take to bring some republicans along on a potential deal. harris? >> harris: a lot of energy spent on all this going back and forth. in fact, leading republicans suggesting a great deal of time has been wasted on politics. >> that is precisely right. they note that the house republicans tried to address the issues this summer and vote
MSNBC
Dec 28, 2012 8:00am PST
time. i really appreciate it. >>> just a few more hours until president obama's meeting with the four congressional leaders, just four more days until the country, all of us americans go off the cliff. why this might just work out. >>> plus the connection between sex and the fiscal cliff. sex and the fiscal live? really. according to dr. ruth. yeah, don't shake your head at me. there really is a connection. >>> besides president obama, who was the biggest political winner of 2012 and why? find us on facebook. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> well, i think this is a very pivotal point for our country. we ha
MSNBC
Dec 28, 2012 8:00pm PST
the start of the new year, it's put up or shut up time for congressional leaders. president obama addressed reporters from the white house this evening. roughly an hour after meeting with leaders of the house and senate. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it is now. >> senate leaders harry reid and mitch mcconnell were back at the capitol in no time. mcconnell gathered his members to inform them of the work that needs to be done. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward, as early as sunday, and have a recommendation, that i can make to my conference and the majority leader can make to his conference, so we'll be working hard to try to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> i'm going to do everything that i can. i'm confident senator mcconnell will do the same. but everybody, this is -- what
NBC
Dec 28, 2012 6:00pm EST
obama met with the four congressional leaders this afternoon just a few minutes away. steve handlesman has more. >> after the meeting, he called the president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. one that protects the middle class from an income class hike. one that extends it to 2 million americans looking for a job and lays the groundwork for more economic growth and debt reduction. >> that leads to the insistent park, asking reith who control the se
CSPAN
Dec 26, 2012 6:00am EST
female new hampshire's congressional delegation and obama campaign adviser david axelrod and in about 45 minutes, the university of marynd
CNBC
Dec 24, 2012 12:00pm EST
for president obama and congressional leaders, expectations they could be back in washington later this week, all eyes now on the senate where republicans are split on whether it's possible to make a deal with the obama white house. >> the president's statement is right. no one wants taxes to go up on the middle class. i don't want them to go up on anybody. i'm not in the majority of the united states senate. he is the president of the united states. >> when i listen to the president i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years. and he gets to blame republicans for it. >> as a practical matter it's already too late for employers to accurately withhold taxes from january paychecks unless there is no change. so workers will feel immediately that 2% hike in the social security tax in those first january pay checks. bill? >> hampton, good to see you. merry christmas. we'
MSNBC
Dec 29, 2012 4:00am PST
washington on edge. really, all of us on edge. after meeting with congressional leaders yesterday, president obama compared the standoff on capitol hill to how average americans handle conflict. >> americans don't have any patience. ordinary folks to their jobs, they meet deadlines, they sit down and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. >> only if. kristen welker at the white house. good morning to you. a lot happening in d.c. a lot happening on capitol hill i assume, a lot happening at the white house as well. >> it sure is, good morning, it j. all eyes on the senate right now. minority leader mitch mcconnell and majority leader harry reid try to cobble together a last minute deal to avoid the fiscal cliff. this on the heels of the meeting that happened at the white house. and top congressional leaders met for about an hour. source who's have knowledge say the president laid out two options for lawmakers, one, eith
FOX
Dec 21, 2012 5:00pm PST
, d.c. for the holiday. before he left for hawaii president obama issued a stern request to congressional leaders to approve legislation before the end of the year. >> once this legislation has agreed to i expect democrats and republicans to get back to washington and have it pass both chambers. i will immediately sign that legislation into law before january 1st of next year. >> the president was referring to legislation that would prevent a middle class tax hike and would protect unemployment insurance. he spoke after talking by phone with house speaker john boehner and meeting with senate majority leader. >>> the dow industrials dropped 120 points. the nasdaq fell 29. we also saw a number of conflicting economic reports that experts say suggests the economy is not sure where it's going top our consumer editor tom vacar is in san francisco's financial district with some explanations. >> reporter: there are two winds. those that are blowing and the much more important economic cross winds. for the overall economy most critical shopping days are ahead of us. >> i'm very c
FOX
Dec 29, 2012 6:00pm EST
security. . >>> president obama has issued a challenge to congressional republicans. he said if they can't get a bipartisan deal, he at least expects them to vote on his proposal to stop tax increases on all but the wealthy and preserve unempyment benefits. dells have heard that house republicans may wait to make a deal until after the new year, essentially letting the taxes go up and voting to cut them. the good news, you're not likely to feel any fall off of the cliff if they get something done in the first few days of 2013. >>> and for some, the biggest objection to the fiscal cliff is the cuts to project defense spending. they warned it's bad news for national security. peter deucey explains who mean affected. >> reporter: last friday when president obama rolled out his new plan for steering us away from the fiscal cliff, there was a word he did not say and that word was sequester. the sequester would automatically cut more than $100 billion from the budget next year, half from domestic programs and half from defense programs and now as the deadline draws close, experts are looking a
CBS
Dec 28, 2012 5:00pm PST
. >> the hour for immediate action >> here. it is now. >> glor: president obama speaks to the nation after speaking with congressional leaders. reports from major garrett and .ancy cordes. elaine quijano on the family heartbreak after russia's president bans all adoptions to americans. >> we ask president putin, please, can he set an alternate means but don't let me children suffer. >> glor: he met saddam hussein and made it look easy. david martin on the death of general norman schwarzkopf and what the world did not know thout him. and "on the road" with steve hartman as a man tries to save his wife of 56 years. an unusual request that gets a unrprising response. >> got two of them and i only need one. captioning sponsored by cbs
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